£413,277
This estimated value is based upon the latest sale price for the house of £247,500 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Old Farm Drive
More crime details
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| Price Paid | Date |
|---|---|
| £247,500 | 7 Dec 2012 |
| £237,000 | 23 Nov 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in December 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.981%.Applying this 66.981% change to the original purchase price of £247,500 results in an estimated price of approximately £413,277.
| 7 Dec 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 146.7 | 66.981 % | £247,500 | £165,777 | £413,277 |
The Postcode Pricing Model uses changes in average sales price within the B37 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 57.103 % | £141,329 | £388,829 |
| 3 Month Average | 52.776 % | £130,620 | £378,120 |
| 6 Month Average | 44.941 % | £111,228 | £358,728 |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 27 Apr 2012.
The average size of a house on CHELMSLEY LANE is 123 sq meters (1,328 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Farm Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wagstaff Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wagstaff Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |
| Mar 2024 | Public order | Under investigation | On or near Wood Lane |